Omnicare, a CVS Health company’s Post

Your #AssistedLiving residents and staff deserve quality support and simple tools to make managing pharmacy activities easy. With Omnicare, we strive to simplify complex processes and make sure that residents can focus on aging in place and staff's time is saved to provide quality care. Learn about our tools and support:https://ow.ly/eIlX50SGe6X #SeniorCare #PharmacyManagement

In real estate there is a focus on not just building but on “placemaking” – creating a community where people are excited to live, work and play. It is great to see technology and innovation having a positive impact and unlocking community value at an accelerated rate. Camber Creek portfolio company Bilt Rewards, with their recent Walgreens partnership, provides an excellent example of how technology can help build stronger and healthier communities. CEO Ankur Jain: "Our mission has always been to add value to our members' daily lives within their local communities. By partnering with Walgreens and introducing automatic FSA and HSA savings, we're not just expanding our rewards program – we're simplifying healthcare expenses for millions of Americans. This is a significant step in our journey to become the nation's leading loyalty program for your home and neighborhood." https://lnkd.in/eFz6EgnF

The news of Walgreens closing around 1,200 stores is yet another reminder of the shifting landscape of healthcare access in America, especially in rural communities. For many in rural areas, the local drugstore isn’t just a place to fill prescriptions—it’s often the closest thing to a healthcare hub. The closure of these stores could widen the healthcare access gap, especially for managing chronic conditions like diabetes or hypertension, where consistent, in-person support can make a difference. However, this trend also signals a moment for transformation. As large retail chains pull back, we need to rethink healthcare delivery models that are community-driven and technology-enabled. Mobile health units, telehealth platforms, and community health workers could fill the void left by these closures. This is where partnerships and innovative deployment strategies, like what we’re developing at The Rural Health Technology Consortium, can make a real impact. It’s time to bring healthcare to where people are—whether through digital solutions or local, on-the-ground efforts. The path forward requires reimagining the role of technology in rural health, but one thing is clear: We cannot afford to let these closures leave our communities without support. Let’s turn this challenge into an opportunity for smarter, more resilient healthcare delivery. Jessica Junkins Bradley Kevin Kelleher, RN Greg Hayward Mei Jiang #RuralHealthTech #HealthcareAccess #Telehealth #CommunityCare #HealthEquity

With the evolving healthcare and CRE landscape, adapting and making strategic pivots are crucial. Embracing telehealth, optimizing retail spaces for healthcare services, and exploring new industry partnerships or leveraging past competitive alliances could be key to future success. https://lnkd.in/gTbejbUi

In 2024, Walmart shut down its medical clinics after a failed attempt to build 4,000 primary care clinics, opening only 51. The venture faced challenges with billing, leadership changes, and operational hurdles. Similarly, Walgreens faced a $6 billion loss due to struggles with VillageMD profitability, leading to the closure of 60 clinics. Despite a $1 billion investment and later injecting $5.2 billion more, the plan to expand VillageMD clinics alongside Walgreens pharmacies fell short. Collaboration in healthcare may prove more effective than competition. #telehealth #primarycaremedicine #digitalhealth #healthcareinnovation #retailmedicine #poorstrategy #revenuecyclemanagement #VillageMDclinics #Walgreens

Why are Walmart, Walgreens, and CVS struggling with their retail health clinic experiments? In-store healthcare clinics, once hailed for their convenience, have faltered, with Walmart and Walgreens closing numerous locations. CVS's MinuteClinic, though popular with some patients, faces closures in several regions. The failure stems from thin profit margins and unforeseen challenges, according to Timothy Hoff, a healthcare management professor. These clinics, once seen as the future of primary care, struggle with low reimbursements, high expenses, and staffing issues. The clinics rely on high patient volume yet struggle to turn a profit. Cross-selling strategies also failed to materialize, as sick patients are unlikely to buy unrelated products. Moreover, staffing shortages and insufficient training further hindered their success. CVS, Walmart, and Walgreens have all faced setbacks, signaling a broader struggle to reconcile healthcare with retail business models. Despite these challenges, retailers continue to experiment with new approaches, such as mobile clinics and partnerships with local providers, reflecting an ongoing evolution in healthcare delivery. 👉 Click link for details: https://lnkd.in/ewvgbzCA #NNN #retail #realestate #investment #investing #commercialrealestate #property #passiveincome #cre #investor #realestateinvesting #commercialproperty #netlease #retailrealestate #walmart #walgreens #cvs 

Changes are coming to how Star ratings are measured for #MedicareAdvantage plans. According to a recent McKinsey report, there will be a shift towards reweighting member experience measures, putting more emphasis on clinical and pharmacy metrics. This means MA plans will have to step up their game in those areas to maintain those coveted 4+ Star ratings. MA plans might combine in-person care with virtual care strategies to deliver whole-person care while maintaining the same quality both virtually and in person, since fragmented virtual care experiences are expected to lower Star ratings. Look out for #healthinsurance plans offering more #telehealth services in the near future to keep their Star ratings high. It should be top notch, too: Lackluster virtual services will render the additions a moot point.

Healththink Post#12. I can understand why retail giants have pursued primary care--(1) new revenue streams, (2) additional boosts to lagging store sales, and (3) low cost equipment, staffing, and overhead costs. Makes sense. But the economics of fee-for-service primary care in the US can be challenging. Large health systems can use primary care to control patient flows to their facilities and also drive more lucrative specialty care. I don't see the same upside for the retail giants as their ability to leverage primary care to support other service lines through vertically integrated services is limited relative to traditoinal heatlhcare. Hence, we hear of WalmartHealth announcing the closing of 51 stores. #Cicero #healthcare

Walmart's bold venture into healthcare hits a wall as they close all of their retail clinics. In 2019, Walmart joined the likes of Amazon and Walgreens in a bid to revolutionize healthcare delivery. Now, just a few years later, they're shutting down their clinics, underscoring the immense challenges in transforming the industry. The retail giant's struggle highlights the difficulties providers face in making healthcare more accessible and affordable. If Walmart can't make it work, who can? This setback also extends to their telemedicine offerings, which are being discontinued as well. It seems that even with their vast resources and expertise, Walmart couldn't find a profitable model for delivering care. As we continue to explore innovative solutions like near-site and on-site clinics for employers, Walmart's experience serves as a cautionary tale. The road to transforming healthcare brings many complexities and challenges. What are your thoughts on this development? Let us know in the comments below! 👇 #HealthcareDelivery #RetailClinics #EmployerHealthcare

The "next big wave" in healthcare construction faced an unexpected reversal. Major retailers like CVS, Walmart, and Walgreens closed hundreds of health clinics nationwide. Despite predictions of explosive growth, the model struggled with profitability and consumer adoption. Is this the end of retail health clinics, or just a temporary setback? Read more 👉 https://lnkd.in/eCETAQuX #HealthcareConstruction #RetailClinics